BCW Client Spotlight: CaniCatiCare
Listen to the audio version Korea-US Trade & Investment Briefing and BCW Client Spotlight: CaniCatiCare Friday, June 26, 2026 Headline: Korea's chip-led market pulls back as the 15 percent US tariff framework settles into place. Top Story The Korean KOSPI extended a sharp tech-driven selloff into June 26, down roughly 4.6 percent from its record high earlier in the week, as Samsung Electronics and SK Hynix led declines on memory-chip valuation concerns . The pullback follows a strong AI-semiconductor rally and signals profit-taking rather than a shift in fundamentals, but it underscores how concentrated Korea's market gains have become in a handful of chip and EV names. Trade & Tariff The cemented US-Korea agreement holding a 15 percent reciprocal rate is now the baseline, with Section 232 auto and auto-parts tariffs cut from 25 to 15 percent. Semiconductors remain under a separate Section 232 review, with the U.S. Commerce Department signaling Korea wi...